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agency called the american world service. this on top of npr and pbs. good idea? liz is an author of journalist and fox news contributor who joins us every sunday at this time with a commentary. good morning liz. >> good morning, eric. this is about bowl jerry running amuck again. lee bollinger, the drastic call leftist academic who heads columbia university who was the same man who in 2007 i brought you invitation and the person of mahmoud ahmadinejad, the president of iran. and, of course, known to everybody as a great hater of jews. so he invites him to columbia university, which caused an uproar, high jewish population of students at columbia university but, nevertheless, he was getting press sod bowl jerry proceeded and then once he got him there he insulted him which even made better copy for him. so bollinger is not shy about seeking publicity. now, his latest try is about getting a sort of b.b.c. for american. a totally government-funded news service for america. bad idea. he says it's a good idea. let me give you an example. he wrote about this in the columbia journalism
the debt and, many tea partiers and many americans think we can cut out spending on npr and arts funding and foreign aid and that will take care of the debt problem and that is less than 1% of the budget, you have to cut the programs americans don't touched and the democrats keep swearing, oh, we'll never touch medicare and social security, well then we'll have debts and, deficits as far that's eye can see. >> michelle bachmann said she doesn't think we have to raise the debt ceiling. what are your thoughts. >> i'm very interested in the, because it doesn't make any sense. we have enough revenue coming in from the taxes, month-to-month, week-to-week, to service the national debt and pay social security, and medicare and medicaid. so i don't understand why our rating would go down unless the ratings agencies are trying to suck up to the democrats, on the other hand, i have seen some economists say, yes, it will lower our debt rating and will make -- it doesn't make any sense, because it is the equivalent of, you payer mortgage month-to-month and make those piloavements and you stop buying
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